Ant International, based in Singapore, has integrated AI technology to streamline and secure cross-border transactions, serving nearly 100 million SMEs across over 200 markets.
AI enhances fraud prevention, specifically against emerging threats like deepfake scams, and enables real-time global settlement options for small and medium enterprises (SMEs).
Ant International’s AI-powered FX model offers hourly currency exchange rate predictions, optimizing transaction costs for merchants.
This model, which consolidates multiple systems into a single, accurate platform, includes safeguards for human oversight to maintain transaction accuracy.
Ant International has developed an AI-powered electronic Know Your Customer (e-KYC) tool with a 99 percent interception success rate against deepfakes, helping protect financial institutions from advanced cyber threats.
Ant International signed an MoU with OCBC to enable real-time transactions between Singapore and Malaysia, leveraging its Whale platform.
Japan’s leading QR payment operator, PayPay, expanded its collaboration with Alipay+, Ant International’s cross-border mobile payment solution, to support foreign tourists using local e-wallets across Japan.
CEO Yang Peng emphasized the role of AI in strengthening global trade by reducing costs, enhancing fraud detection, and improving transaction efficiency, crucial for the growth of SMEs in the digital economy.
